Best Interest Rates in Singapore
The best interest rates in Singapore that is payable on a savings account is 4% per annum. Yes, that's right 4%.
This best interest rates in Singapore account is available now in Singapore. That is absolutely the best interest rates in Singapore, considering that this savings account is attached with such low-risk. You won't be able to find such high interest rates elsewhere except this place in Singapore.
So what is this account that pays the best interest rates in Singapore that we are talking about?
Welcome to Singapore Savings Account Rates. We are passionate about Singapore savings account rates and that is why we are presenting best interest rates in Singapore today.
The best interest rates in Singapore account rates are shown for your information about financial investments in Singapore. It is in your interest to re-confirm this best interest rates in Singapore before you spend your money.
Here is the place to find the best interest rates in Singapore: Central Provident Fund CPF accounts.
CPF members enjoy a risk-free interest rate of 4% on their Special and Medisave Accounts (SMA) from 1 July 2011 to 30 September 2011.
This is in line with the Government’s announcement made in September 2010 to maintain the 4% p.a. floor rate for interest earned on all SMA monies and Retirement Account (RA) monies until 31 December 2011.
As a comparison, the average yield of 10-Year SGS Singapore Governement Securities from June 2010 to May 2011 is 2.35%.
We hope you discover bank account rates of interest to you. Keep reading Singapore Savings Account Rates, for new and the best financial rates information about selected savings deposit accounts in Singapore.